39A.140 Procedure for payment of compensation.

KY Rev Stat § 39A.140 (2019) (N/A)
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39A.140 Procedure for payment of compensation

(1) of compensation from the Governor If the owner of property seized, taken, or condemned accepts as adequate the compensation fixed by the Governor, the owner shall file a statement of the amount with the Finance and Administration Cabinet, which shall draw a warrant on the State Treasurer for the amount of the compensation in favor of the person entitled to payment

If the compensation is determined by award of the Kentucky Claims Commission or judgment of a court, as provided in KRS 39A.110, 39A.120, and 39A.130, a certified copy of the award or judgment shall be filed with the Finance and Administration Cabinet which shall draw a warrant on the State Treasurer for the amount of the award or judgment

(2) (3) The State Treasurer shall pay the warrants out of any money in the Treasury not otherwise appropriated

Effective:June 29, 2017 History: Amended 2017 Ky. Acts ch. 74, sec. 58, effective June 29, 2017. -- Created 1998 Ky. Acts ch. 226, sec. 13, effective July 15, 1998